Tim Bourquin: Hello everybody. Welcome to TraderInterviews.com. Thanks for joining me for another show this week. We're going to be speaking with Avery Horton and some of you probably know him better as The Rumpled One. That's the name he goes by, TRO on the message boards and his website. We're going to talk to him about that. But we interviewed him a long time ago about his trading strategies specifically currency. We're going to talk to him about that today. So, Avery thanks very much for joining me on the phone.
Avery Horton: Yeah. My pleasure Tim.
Tim Bourquin: Well, you've been trading for a long time now. What kind of trader specifically are you?
Avery Horton: Well, now I'm a rat trader. I trade like a rat.
Tim Bourquin: Alright. So, we talked about this before we started recording, but you're going to have to explain to our audience what that means.
Avery Horton: Well, let me back up just a little bit. About the last half of 2009, I started reading books about how the brain works because if you go to forums or you always see somebody say something like, you know, you need to learn how the markets work. You need to learn how the markets work. But they never explain how the market works. So, I read a book, Fooled by Randomness and then The Black Swan and those two books talked, you know, about the markets and why hedge funds blow up and things like that. Because you always read about them in the paper you know? You've got these organizations that have the best and the brightest, you know, money managers yet they blow up. You know, they do know better than just the average trader. So, I was thinking okay I have to discover this.
So after reading those two books, I started reading books about the brain and how it works. And one interesting book is called Animals in Translation. And it was written by a lady whose brain doesn't work like the rest of us....
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